MANULIFE FINANCIAL CORP (MFC.CA) Stock Technical Analysis
TSX:MFC - Toronto Stock Exchange - CA56501R1064 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to MFC. Although MFC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MFC has a been trading in the 41.06 - 46.01 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MFC is one of the better performing stocks in the Insurance industry, it outperforms 78% of 85 stocks in the same industry.
MFC has an average volume of 6034150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, MFC did better than 74% of all other stocks. However, MFC's most recent performance is quite weak.
MFC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MFC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 42.06, a Stop Loss order could be placed below this zone.
More info and screens
41.60
46.70
We found 1 important support area.
- A support zone ranging from 42.02 to 42.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 42.18 to 43.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 46.06 to 46.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.28
Mansfield0.56
10 Day High45.46
10 Day Low41.38
20 Day High46.01
20 Day Low41.06
52 Week High46.42
52 Week Low31.24
Performance
1 Week-6.61%
2 Weeks-2.5%
1 Month-1.93%
3 Month-8.14%
6 Month14.57%
12 Month31.34%
2 Year69.68%
3 Year57.84%
5 Year138.14%
10 Year95.63%
15 Year109.98%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)43.05
LBB41.26
UBB45.53
TSX:MFC (3/7/2025, 7:00:00 PM)
42.08
+0.05 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.12%
1 Week-6.61%
2 Weeks-2.5%
1 Month-1.93%
3 Month-8.14%
6 Month14.57%
12 Month31.34%
2 Year69.68%
3 Year57.84%
5 Year138.14%
10 Year95.63%
15 Year109.98%
Volatility
ATR(14)1.38
ATR(20)%2.78%
ATR Inc-20.48%
Range Today0.89
ADR(20)1.05
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.28
Mansfield0.56
10 Day High45.46
10 Day Low41.38
20 Day High46.01
20 Day Low41.06
52 Week High46.42
52 Week Low31.24
CS1 End42.06
CR1 Start42.18
Volume & EV
DER(3)0.67%
DER(5)-0.14%
Volume7.81M
Volume Incr47.88%
Vol(5)11.91M
Vol(50)6.03M